nifty future option tips 9 oct 2015

nifty oct future today closed at 8157 with 38 points loss.
flat change in open interest suggest profit booking.
nifty 8300 call options writing is seen.
Nifty 1 week channel trend is up and
Nifty 1 month price channel trend is up.
RSI is near 65 with buy signal.
nifty intraday support will be 8140 and 8110.
on upside nifty intraday resistance will be 8205 and 8240.
for tomorrow, future traders can buy nifty around 8110-8140 zone
with stop los for target 8205 and then 8240.
option traders can use nifty 8100 call options
for buying and accumulation on correction.

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Pramod Baviskar

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